Seven-part panoramic view of the San Francisco Bay extending from Happy Valley to Rincon Point, taken in the spring of 1851 by an unknown photographer from 1st and Howard Streets. Businesses and other features captured include: Portsmouth Plaza, Oriental Hotel, Happy Valley Market, Happy Valley Bakery, Ocean House, Cottage Content, People's Market, Vulcan Foundry, Pacific Iron Works, Sutter House, the steamer C. M. Weber, abandoned ships, a laundry woman, and shipbuilding works.